Can You Make Money From Your Social Networks?

Global telecommunication services as well as the recent rampant increase in the development of social networking websites and their subsequent integration into our everyday lives has resulted in marked changes in regards to the way that organizations run. Specifically social networking websites have provided organizations and the general public with an extensive networking base that can be exploited easily to one’s benefit just simply by being "connected".

In this age of social connectedness building a social network typically starts off with friends "friending" friends in some sort of social environment such as Facebook, Twitter, LinkedIn, Friendster etc. These connected individuals have a level of "trust" between them making it fairly easy to share interesting information .You might want to tell your friend about a great deal you got at Macy's, or maybe you want to let your friend know about a new website that is offering great discounts on hotels, or maybe you want to share information on a new investment deal or business idea you have. The point is you are sharing information in which your friends might be able to benefit from this is a great new and interesting concept. This network you have created then begins to grow and blossom from there by which expanding the level of "trust" to people who may not necessarily be a "friend" but an online acquaintance, allowing you to potentially share the same level of interest you and your friends have.   

What a wonderful world we live in these days that websites like Facebook and Twitter allow people to use a process known as targeted marketing. With the millions of users from all over the world with different ethnicity, races and professions as well as academic backgrounds it makes for a very interesting environment to build business leads. Various classifications can be created in accordance with a product, business venture or simply just a discount that one is sharing.

With these endless possibilities of connecting with people from all over the world who might have a common interest with you I would say that your chances of being able to making money from your social network can be very promising. The theory of 6 degrees of separation gives you the ability to grow you network, but with that theory going downhill and quickly turning into 3 degrees of separation your chances of growing your network and making money form your social network connections has just gotten even better!

Just my humble opinion!